LONG TERM INVESTMENT PICK - BANDHAN BANK - READY TO TAKE OFF ?

22 Şub

SYMBOL - BANDHANBNK

Incorporated in 2014, Bandhan Bank is a commercial bank focused on serving underbanked and underpenetrated markets in India. The company has a PAN-India presence and offers a wide range of banking products & services and asset & liability products and services designed for micro banking and general banking.

This company is fundamentally good. having 32,800 cr. market cap, Bandhan Bank is currently trading 11 P/E.

This stock is in a downtrend since a long time. Currently trading at 200 which is a long term strong demand zone.

Long positions can be made at CMP 200 with stoploss of 170.

I believe this stock can be next multibagger & this is a great investment pick at current levels.

Targets can be 600 & 700 which is ATH & beyond.





Disclaimer - I have invested my investment allocation today. Do not consider this as buy/sell recommendation. I'm sharing my analysis & my investment position. You can track it for educational purposes. Thanks!

12 Mar

İşlem aktif

CMP 188

I think it is last call for buyers. It must reverse sharply from here.
Allocated complete investment allocation with Strict SL 170.

19 Mar

İşlem aktif

CMP 183

It is ready for 325% up move to its ATH. :)

2 Nis

İşlem aktif

CMP 192

21 Nis

İşlem aktif

CMP 173
Still trading at 172-182 zone because of some negative news flow related to management.
According to my analysis & my understanding, this is the last chance to pick this stock for long term. This will definitely go to its ATH. It may take 1.5 - 2 years to reach there.

I'm holding with 150 SL now because it may hit my SL due to volatility & then reverse. If it reaches 150, I will exit immediately & won't think second time to hold it.

21 May

İşlem aktif

CMP 188

Investment position active.

23 Haz

İşlem aktif

CMP 209

Investment position 30 rupees ~ 16.75% in profit.
Holding for mentioned targets.

31 Tem

İşlem aktif

CMP 221

Investment position 42 rupees (23.50%) in profit.

23 Eyl

İşlem aktif

CMP 211

Now it can give breakout of downward sloping trendline.
Investment position in 17% profit as of now.